Enel brings 1GW of new solar online in Mexico

first_img FacebookTwitterLinkedInEmailPrint分享Clean Technica:Enel Green Power México, the Mexican subsidiary of Italian electricity and gas distributor Enel Group, announced towards the end of September the completion and connection of approximately 1,089 megawatts (MW) worth of new solar capacity to the Mexican grid.The Enel Group’s Mexican renewable energy subsidiary completed the connection to the grid of the 828 MW Villanueva solar park in the Mexican municipality of Viesca, and the 260 MW Don José solar park in the municipality of San Luis de la Paz.“Villanueva and Don José are two groundbreaking projects that mark the significant headway Enel Green Power has made in the strategic Mexican market,” said Antonio Cammisecra, head of Enel Green Power. “The completion of the two facilities helps solidify our leadership in the country in terms of renewable capacity, while further contributing to the country’s transition towards more sustainable energy. Through the development of these projects, EGP is leveraging on Mexico’s wealth of renewable resources and confirming its commitment to sustainability by delivering value to all its stakeholders.”The new capacity pushes Enel Green Power México’s total in-country operational capacity up to 1,816 MW, which includes in addition to the new solar capacity a further 675 MW worth of wind energy and approximately 53 MW worth of hydropower.More: Enel Green Power connects 1 gigawatt of solar In Mexico Enel brings 1GW of new solar online in Mexicolast_img read more

Honduras Forming Elite Police Force to Battle Organized Crime

first_imgBy Dialogo February 20, 2012 The Honduran government plans to form an elite police force to fight against organized crime and to investigate serious offenses ranging from narco-trafficking to corruption and murder. Juan Orlando Hernández, president of the country’s Congress, unveiled the new agency on Jan. 20. He said recruits will be required to undergo stringent training in investigation methods, and members of the new force will be expected to observe military discipline and respect human rights. “The National Police will continue to exist, only there will be an independent branch with new agents that will fight certain types of crimes with an emphasis on criminal investigation,” Hernández told Congress. He added that while the new agency is being developed, members of the National Police will undergo screening — again with the assistance and advice of “foreign sectors who are willing to support us.” Hernández noted that the Chilean model has been highly praised internationally and has been “successful in several countries.” Honduran authorities have turned to Chile, whose national police have incorporated international human rights law into police doctrine and training under an agreement signed in January with the International Committee of the Red Cross. The accord “demonstrates the Chilean police’s commitment to human rights,” said Felipe Donoso, head of the ICRC’s regional delegation. Intense crime wave alarms Honduran officials The move by Honduran authorities to set up an elite investigative force comes as the country is being battered by an alarming increase in narco-trafficking and gang activity, and a corresponding jump in homicides. Drug traffickers from neighboring states have flooded in, fueling violence and corruption. The U.S. Drug Enforcement Administration estimates that 25 tons of cocaine is shipped through Honduras each month heading north for the lucrative drug markets of North America. Chile isn’t the only country that has committed to help Honduras combat growing crime. Spain and Colombia also are advising the country, Honduran President Porfirio Lobo said in an interview with Radio HRN. The United States is sending technical security analyst to study the crime challenges and to advise on strategy. Honduran officials said that Hugo Acero Velásquez, a Colombian security analyst, already is in Tegucigalpa advising the government on anti-crime strategies. The Honduran president met in Miami on Jan. 18 with United States officials who agreed to send two technical security analysts, said Honduran Security Minister Pompeyo Bonilla. “We will assess how to coordinate actions among several countries, such as Colombia and Chile, in order to resolve this problem of security,” Bonilla said at a news conference. He added: “We need to acknowledge that we have a large problem, but that there’s a will to find a solution to it.” The security minister acknowledged that the crime challenge has been exacerbated by corruption eating into state institutions. UNODC: San Pedro Sula most dangerous city in Latin America Honduras isn’t alone among so-called Northern Triangle countries of Central America in being affected by drug and gang-related violence. Guatemala and El Salvador have suffered crime waves, much of it following the migration of some drug operations into their countries by Mexican cartels. The Honduran murder rate is now 82.1 per 100,000 residents, the world’s highest, according to the United Nations Office on Drugs and Crime. Nearly 7,000 homicides were recorded in 2011 — a 250 percent increase in six years. San Pedro Sula, the country’s second-largest city, is more dangerous than Ciudad Juárez, said a report issued by Mexico’s nonprofit Citizen Council for Public Security and Criminal Justice. The 1,143 homicides that San Pedro Sula suffered last year was a rate of 158 murders per 100,000 residents, the group said. The proposed new police force follows a series of other recent anti-crime measures introduced by the Honduran government, including allowing extradition of indicted traffickers and the setting up of a witness protection program for those reporting drug and corruption-related crime. Lobo deployed hundreds of troops in the main cities, including San Pedro Sula and Tegucigalpa to combat criminal violence, and to patrol jointly with police in areas dominated by gangs last summer. Lobo said the aim was to “guarantee the presence of the authorities in the most conflict-ridden areas.” He vowed to “do everything possible within the law to reduce the impunity that makes us all indignant.” The military deployment followed the firing of four top police commanders, after four policemen accused of murder were released. The Honduran Congress passed legislation to deploy the army for a longer term. “This legislation will allow the armed forces to take on policing roles to confront organized crime and drug traffickers operating across the country,” said congressman Oswaldo Ramos, a member of Honduras’ ruling conservative party. Honduran officials claimed that the earlier temporary deployment of the military to support the police brought a 36 percent drop in homicides. The pestilence of corruption in Colombia always affects the innocent and most serious people… Sincerely, silvio figueroa lopez, social-comunist christian, cartagena, colombia.last_img read more

UK’s PPF consults on changes to key valuation assumptions

first_imgThe new regulations are due to come into effect by April 2017.A PPF spokeswoman acknowledged that the proposed changes to the long service cap would entail higher costs for levy payers, by way of increased compensation costs, but added that “the increase in liabilities of the proposed changes would be smoothed over many years, meaning we expect no jump in levies”.PPF actuarial valuation update The PPF’s consultation is about the actuarial assumptions used for section 143 valuations, which determine a scheme’s eligibility for the PPF if its sponsor goes bust, and section 179 valuations, which determine a scheme’s underfunding.The level of underfunding, in turn, determines the levy a scheme should pay to the PPF.It said the most significant changes it was proposing were to use separate discount rates for pensioners and non-pensioners post retirement and yield indices that have durations that better match average liability durations, including the introduction of a new index-linked Gilt yield.It also proposed updating mortality assumptions.The current assumptions have been in effect since 1 May 2014, based on a review of bulk annuity market pricing carried out in December 2013.Since then, Solvency II regulations for insurers have come into effect, with the PPF taking this into account in addition to buyout pricing as at the end of May 2016 and the immediate impact from the Brexit vote in the UK’s EU referendum in late June.“We used this evidence base,” the PPF said, “for the purpose of resetting the section 143 and section 179 valuation assumptions.”It builds this evidence base in discussion with bulk annuity providers.The cumulative impact of the proposed changes would be to reduce the value of liabilities under section 143, mainly because of the changes to the mortality assumptions.The overall impact is a 5% reduction for pensioner liabilities, and 3% for non-pensioner liabilities.The changes to the section 179 assumptions would improve the aggregate funding position of schemes eligible for the PPF, as tracked by the fund’s 7800 index.The PPF said the aggregate funding ratio would increase from 76% as at 31 August 2016 to around 79%, and that around 150-200 schemes would move from deficit to surplus.The overall deficit of schemes with shortfalls (5,042 out of 5,945 as at the end of August) would fall from £489bn to around £430bn, according to the PPF.The PPF spokeswoman said the fund did not expect the changes to have a material effect on the overall level of levy bills for schemes.“Schemes will not necessarily pay higher or lower levies because of them,” she said.The fund said the assumptions used to measure underfunding in the levy formula would remain fixed until the next triennial valuation period (2018-19 to 2020-21), so that the overall impact on levy for the last year of the current triennium was “expected to be minimal”.The consultation closes on 31 October.The intention is for changes to be introduced from 1 December 2016.,WebsitesWe are not responsible for the content of external sitesLink to PPF consultation The UK’s lifeboat fund for defined benefit pension schemes, the Pension Protection Fund (PFF), is proposing to amend assumptions for key valuations to reflect changes in bulk annuity pricing, which would have the effect of improving schemes’ aggregate funding position captured by the PPF’s 7800 index.Separately, the UK government launched a consultation on a proposal to increase the PPF compensation cap for long-serving members of pension schemes.It is proposing an increase of 3% for each full year of pensionable service above 20 years, subject to a new cap of double the standard maximum.The current cap is £37,420 (€43,909).last_img read more